The New South Region Office

In December 2018, CAF –Development Bank of Latin America and the Caribbean– inaugurated its new building in Uruguay, located on the site of the former Central Market in Montevideo, directly across from the Executive Tower. This modern headquarters became CAF’s operational hub for the Southern Region and stands as a testament to the institution’s commitment to sustainable development and the revitalization of urban heritage.

The architectural project preserved the original structure of the historic 19th-century market, transforming it into a multifunctional space that blends office areas with cultural and community services. The main building houses CAF’s offices and features an auditorium, meeting rooms, a dining hall, and additional workspaces, all built to meet high standards of energy and environmental efficiency. A second building hosts the new Cinemateca screening rooms and the iconic Fun Fun bar, both connected by a publicly accessible urban courtyard.

In recognition of its architectural and urban significance, the project received the 2020 Best Completed Work award in the “Tertiary” category from the Uruguayan Society of Architects. This headquarters reinforces CAF’s institutional presence in Uruguay and reflects its commitment to projects that integrate development, sustainability, and culture across Latin America.